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Copper Slides to One-Month Low on Fears of Sluggish Chinese Growth
Jun. 11, 2013 05:22AM PST
Base Metals Investing Reuters reported that copper slid to its lowest level in a month on Tuesday in London, pushed down over fears over Chinese growth prospects and demand.
Reuters reported that copper slid to its lowest level in a month on Tuesday in London, pushed down over fears over Chinese growth prospects and demand.
As quoted in the market report;
Three-month copper on the London Metal Exchange was down 0.95 percent to $7,094 a tonne by 0942 GMT, having earlier touched its lowest since early May at $7,084.50. Copper is down some 6 percent so far this quarter.
